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20121201
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
to reduce that to 25%. the reason is the average business tax in europe is 25%. like france is not where we want to be on tax policy. the canadians are at 17%. where you have high marginal tax rates, it slows economic growth. you can see it on the corporate side and on the individual side. we will over time take the corporate rate to 25 from 35. because it will be better for growth, we will actually have more revenue for the government and not less. with government growth at 4% per year, reagan levels, versus 2% per year, france over last 20 years or obama over last four, you do that for decades, the federal cabinet raises $5 trillion in additional tax revenue. the best way to get revenue for the government at such strong, robust and jobs-creating economic growth. unfortunately, president obama and the democrats have taken the opposite direction over the last four years. that's why we are in this mess. host: now to al, an independent in georgia. if i would push the right button. sorry about that. al, good morning. caller: good morning. the last time you were on c- span, i managed to get thr
. the next highest was france and germany. united king come 9.6. and germany and france on many measures are getting better healthcare out comes than we are. and we know if you fast forward to 2012 we're not spending that, we're over 18%. 1 in every 6 dollars in this economy is going to healthcare. and however much one saves on healthcare, 40% of that flows through to the federal government because the federal government is paying 40% of healthcare in this country, actually something more than that. there is lots of room to save money in this healthcare system and there by save money in medicare and medicaid. we're talking about a very small percentage about what we intend to spend over the next ten years in the savings that are being discussed. the same is true on discretionary savings. the president called for $200 billion. but if we put it in perspective we're going to spend in the domestic accounts in the next ten years $11.6 trillion. so a $200 billion savings is 1.7% of what we're forecast to spend. thanally can't save less 2%? of course we can. i think we've as a country, both sid
stay on the pathway we're currently on we're headed to the nanny state which is france and greece. that concerns me a great deal and the country will not be able to deal with the leader of the free world if we continue on that pathway. >> what would that look like for the average citizen? >> the average citizen more and more their life would be dependent on uncle sam. the difference between america and the rest of the world is our founding fathers placed the highest priority on individual enterprise and individual spirit. if people are willing to say my dependent upon my own willingness to work hard and impact the process we will continue to have that driving force that makes us the strongest country in the world. if we're not careful, we will walk away from it and soon, unfortunately, we'll be like france. >> do you have any sense there is a generational sense on views how the government should serve the public among younger americans than it is among baby boomers and older? >> i'm hopeful we can convince the cross section of the younger generation that their contribution to our
%. the reason is the average business tax in europe is 25%. stupider than france is not where we want to be. canadians are at 17%. when you have these high marginal tax rates, it slows economic growth. you can see it on the corporate side and the individual side. i think we will over time take the corporate rate to 25% from 35%. because it will be better for growth, we will have more revenue for the government, not less. if the government grows at 4% per year, reagan levels, versus 2% per year, france over the last years. do that for a decade, the federal government raises $5 trillion in additional tax revenue. the best way to get revenue for the government is a strong, robust, job-creating economic growth. unfortunately, president obama and the democrats are taking the opposite direction over the last four years and that is why we are in the mess we are in. host: al is an independent in georgia. please go ahead. i need to push the right button. sorry about that, al. hang on. you are on "washington journal". caller: good morning. the last time i managed to get through was on the heels of yo
and gentlemen, france, -- friends, -- her work focuses on the intersection of law, business, and morality. she has been a speaker and panelist for events and organizations around the world, including the clinton global initiative. in 2012, she was named a top observer of the economy by the agenda at product. her newest book is the "shareholder value meth -- how putting shareholders' first harms' investors, corporations, and the public." that as a tablet find irresistible. please welcome -- a title i find irresistible. please welcome the professor. [applause] >> thank you, for that and kind introduction. let me start with what an honor it is, especially students in the clinton school. i have a master's from the school of public policy -- a similar degree. i have always found it amazing i have been able to carve a career for myself, as you are doing. and thinking about how the world could be made a better place. for those of you at the clinton school, i think there is frankly no more rewarding thing that you can do. my appreciation for you. thank you very much for inviting me. speaking of making
Search Results 0 to 6 of about 7 (some duplicates have been removed)